Japan shipper seeks government support for Russia insurance risk
While the CFO of carrier Nippon Yusen KK claims the private insurance sector alone can’t cover for shipping companies’ risks from Russia’s war in Ukraine, the Japanese company has asked its government to guarantee insurance instead.
By Shoko Oda and Tsuyoshi Inajima, bloomberg news
Major Japanese shipping company Nippon Yusen KK is seeking a government guarantee to insure vessels at risk from Russia’s war in Ukraine.
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